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The advancement of innovative and sustainable technologies will lead to improvement in cryogenic handling methods, creating new opportunities for market expansion. Additionally, nations worldwide are actively endorsing the use of vacuum insulated pipes through national strategic energy initiatives. Stricter greenhouse gas (GHG) regulations and the growing LNG trade are expected to further drive industry revenues in the coming years. Moreover, extensive suburban migration, combined with ongoing investments in refinery and chemical plant expansions, has further boosted the demand for the product.